Davis Asset Management, L.P. Long-Term Concentrated

CIK: 0001945894 · Show all filings

Period: Q2 2024 (← Previous) (Next →)

Filing Date: Aug 13, 2024

Total Value ($000): $2,226,484 (100.0% shares, 0.0% debt)

Holdings (34)

META Meta Platforms 11.3%

Value ($000) $252,110 Shares 500,000 Est. Cost $160.96 Unrealized +200.3%

GOOG Alphabet Inc 8.2%

Value ($000) $183,420 Shares 1,000,000 Est. Cost $110.83 Unrealized +52.4%

WAL Western Alliance Bancorp 7.1%

Value ($000) $157,050 Shares 2,500,000 Est. Cost $69.27 Unrealized -15.7%

GPN Global Payments Inc. 5.6%

Value ($000) $125,710 Shares 1,300,000 Est. Cost $117.53 Unrealized -8.0%

CB Chubb Limited 5.2%

Value ($000) $114,786 Shares 450,000 Est. Cost $181.71 Unrealized +39.1%

STT State Street Corp 4.0%

Value ($000) $88,800 Shares 1,200,000 Est. Cost $60.70 Unrealized +16.2%

CRBG Corebridge Financial 3.9%

Value ($000) $87,360 Shares 3,000,000 Est. Cost $20.20 Unrealized +35.2%

WBS Webster Financial Corp 3.9%

Value ($000) $87,180 Shares 2,000,000 Est. Cost $46.15 Unrealized -3.5%

AX AXOS Financial Inc 3.9%

Value ($000) $85,725 Shares 1,500,000 Est. Cost $40.41 Unrealized +34.6%

BRK/B Berkshire Hathaway Inc Del Cl B Frmly 3.7%

Value ($000) $81,360 Shares 200,000 Est. Cost $284.56 Unrealized +43.6%

V Visa Inc Com 3.5%

Value ($000) $78,741 Shares 300,000 Est. Cost $198.34 Unrealized +36.5%

— KKR & Co. 3.3%

Value ($000) $73,668 Shares 700,000 Est. Cost $43.00 Unrealized —

BRK/A Berkshire Hathaway Inc Del Cl A Frmly 3.3%

Value ($000) $73,469 Shares 120 Est. Cost $428128.38 Unrealized +44.0%

EQR Equity Residential 3.1%

Value ($000) $69,340 Shares 1,000,000 Est. Cost $52.84 Unrealized +14.9%

CG Carlyle Group 2.7%

Value ($000) $60,225 Shares 1,500,000 Est. Cost $29.10 Unrealized +40.8%

ACGL Arch Capital Group LTD 2.5%

Value ($000) $55,490 Shares 550,000 Est. Cost $71.30 Unrealized +29.7%

MKL Markel 2.5%

Value ($000) $55,148 Shares 35,000 Est. Cost $1283.31 Unrealized +21.0%

MTB M&T Bank 2.3%

Value ($000) $52,219 Shares 345,000 Est. Cost $123.93 Unrealized +12.1%

SFBS Servisfirst Bancshares Inc 2.3%

Value ($000) $52,041 Shares 823,562 Est. Cost $79.18 Unrealized -24.4%

TCBK TriCo Bancshares 1.8%

Value ($000) $40,393 Shares 1,020,800 Est. Cost $46.93 Unrealized -23.0%

USB US Bancorp Del Com New 1.8%

Value ($000) $39,700 Shares 1,000,000 Est. Cost $39.22 Unrealized -3.7%

MA Mastercard Inc 1.7%

Value ($000) $37,499 Shares 85,000 Est. Cost $325.17 Unrealized +38.9%

RJF Raymond James Financial Inc 1.7%

Value ($000) $37,083 Shares 300,000 Est. Cost $96.20 Unrealized +25.3%

BABA Alibaba 1.6%

Value ($000) $36,000 Shares 500,000 Est. Cost $113.68 Unrealized —

FSBC Five Star Bancorp 1.6%

Value ($000) $35,747 Shares 1,511,500 Est. Cost $23.28 Unrealized -8.4%

GS Goldman Sachs Group Inc 1.4%

Value ($000) $31,662 Shares 70,000 Est. Cost $297.04 Unrealized +42.6%

JLL Jones Lange Lasalle Inc. 1.4%

Value ($000) $30,792 Shares 150,000 Est. Cost $174.25 Unrealized +11.4%

FCNCA First Citizen Bancshares 1.1%

Value ($000) $23,907 Shares 14,200 Est. Cost $734.82 Unrealized +126.2%

— Southern States Bancshares 0.9%

Value ($000) $21,008 Shares 774,046 Est. Cost $27.25 Unrealized —

ABCB Ameris Bancorp 0.9%

Value ($000) $20,140 Shares 400,000 Est. Cost $47.99 Unrealized -2.2%

CCNE CNB Financial Corp PA 0.6%

Value ($000) $14,287 Shares 700,000 Est. Cost $20.44 Unrealized -9.6%

GBCI Glacier Bancorp 0.5%

Value ($000) $11,075 Shares 296,749 Est. Cost $45.13 Unrealized -21.9%

OSBC Old Second Bancorp 0.4%

Value ($000) $8,623 Shares 582,268 Est. Cost $13.71 Unrealized 0.0%

TSBK Timberland Bancorp Inc 0.2%

Value ($000) $4,727 Shares 174,476 Est. Cost $23.23 Unrealized +3.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
META	Meta Platforms	500,000	$252,110	11.3%	$160.96	+200.3%	Cl A	30303M102
GOOG	Alphabet Inc	1,000,000	$183,420	8.2%	$110.83	+52.4%	Class C	02079K107
WAL	Western Alliance Bancorp	2,500,000	$157,050	7.1%	$69.27	-15.7%	COM	957638109
GPN	Global Payments Inc.	1,300,000	$125,710	5.6%	$117.53	-8.0%	COM	37940X102
CB	Chubb Limited	450,000	$114,786	5.2%	$181.71	+39.1%	COM	H1467J104
STT	State Street Corp	1,200,000	$88,800	4.0%	$60.70	+16.2%	COM	857477103
CRBG	Corebridge Financial	3,000,000	$87,360	3.9%	$20.20	+35.2%	COM	21871X109
WBS	Webster Financial Corp	2,000,000	$87,180	3.9%	$46.15	-3.5%	COM	947890109
AX	AXOS Financial Inc	1,500,000	$85,725	3.9%	$40.41	+34.6%	COM	05465C100
BRK/B	Berkshire Hathaway Inc Del Cl B Frmly	200,000	$81,360	3.7%	$284.56	+43.6%	CL B	084670702
V	Visa Inc Com	300,000	$78,741	3.5%	$198.34	+36.5%	COM	92826C839
—	KKR & Co.	700,000	$73,668	3.3%	$43.00	—	COM	48248M102
BRK/A	Berkshire Hathaway Inc Del Cl A Frmly	120	$73,469	3.3%	$428128.38	+44.0%	CL A	084670108
EQR	Equity Residential	1,000,000	$69,340	3.1%	$52.84	+14.9%	SH BEN INT	29476L107
CG	Carlyle Group	1,500,000	$60,225	2.7%	$29.10	+40.8%	COM	14316J108
ACGL	Arch Capital Group LTD	550,000	$55,490	2.5%	$71.30	+29.7%	COM	G0450A105
MKL	Markel	35,000	$55,148	2.5%	$1283.31	+21.0%	COM	570535104
MTB	M&T Bank	345,000	$52,219	2.3%	$123.93	+12.1%	COM	55261F104
SFBS	Servisfirst Bancshares Inc	823,562	$52,041	2.3%	$79.18	-24.4%	COM	81768T108
TCBK	TriCo Bancshares	1,020,800	$40,393	1.8%	$46.93	-23.0%	COM	896095106
USB	US Bancorp Del Com New	1,000,000	$39,700	1.8%	$39.22	-3.7%	COM	902973304
MA	Mastercard Inc	85,000	$37,499	1.7%	$325.17	+38.9%	COM	57636Q104
RJF	Raymond James Financial Inc	300,000	$37,083	1.7%	$96.20	+25.3%	COM	754730109
BABA	Alibaba	500,000	$36,000	1.6%	$113.68	—	Sponsored ADS	01609W102
FSBC	Five Star Bancorp	1,511,500	$35,747	1.6%	$23.28	-8.4%	COM	33830T103
GS	Goldman Sachs Group Inc	70,000	$31,662	1.4%	$297.04	+42.6%	COM	38141G104
JLL	Jones Lange Lasalle Inc.	150,000	$30,792	1.4%	$174.25	+11.4%	COM	48020Q107
FCNCA	First Citizen Bancshares	14,200	$23,907	1.1%	$734.82	+126.2%	Cl A	31946M103
—	Southern States Bancshares	774,046	$21,008	0.9%	$27.25	—	COM	843878307
ABCB	Ameris Bancorp	400,000	$20,140	0.9%	$47.99	-2.2%	COM	03076K108
CCNE	CNB Financial Corp PA	700,000	$14,287	0.6%	$20.44	-9.6%	COM	126128107
GBCI	Glacier Bancorp	296,749	$11,075	0.5%	$45.13	-21.9%	COM	37637Q105
OSBC	Old Second Bancorp	582,268	$8,623	0.4%	$13.71	0.0%	COM	680277100
TSBK	Timberland Bancorp Inc	174,476	$4,727	0.2%	$23.23	+3.0%	COM	887098101